Proficio Capital Partners LLC Makes New Investment in Boston Omaha Co. (NYSE:BOC)

Proficio Capital Partners LLC purchased a new stake in shares of Boston Omaha Co. (NYSE:BOC - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 56,039 shares of the company's stock, valued at approximately $795,000. Proficio Capital Partners LLC owned about 0.18% of Boston Omaha at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. SG Americas Securities LLC lifted its position in shares of Boston Omaha by 20.4% in the 4th quarter. SG Americas Securities LLC now owns 10,833 shares of the company's stock worth $154,000 after purchasing an additional 1,837 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Boston Omaha by 61.0% in the third quarter. BNP Paribas Financial Markets now owns 13,474 shares of the company's stock worth $200,000 after buying an additional 5,107 shares during the last quarter. Flagstone Financial Management raised its holdings in shares of Boston Omaha by 35.4% in the fourth quarter. Flagstone Financial Management now owns 14,396 shares of the company's stock worth $204,000 after buying an additional 3,760 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Boston Omaha in the fourth quarter worth $305,000. Finally, Rhumbline Advisers increased its stake in shares of Boston Omaha by 4.4% in the fourth quarter. Rhumbline Advisers now owns 39,528 shares of the company's stock worth $560,000 after acquiring an additional 1,666 shares during the period. 60.36% of the stock is currently owned by institutional investors.

Boston Omaha Stock Performance

Shares of NYSE:BOC traded down $0.18 during midday trading on Friday, reaching $14.19. The company's stock had a trading volume of 90,023 shares, compared to its average volume of 147,309. The firm has a market capitalization of $445.17 million, a PE ratio of -43.00 and a beta of 0.84. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.06. The stock has a fifty day moving average of $14.47 and a 200 day moving average of $14.64. Boston Omaha Co. has a twelve month low of $12.41 and a twelve month high of $16.83.

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Insider Activity at Boston Omaha

In related news, major shareholder Omaha Corp Boston sold 9,077 shares of the firm's stock in a transaction on Monday, December 30th. The shares were sold at an average price of $12.06, for a total transaction of $109,468.62. Following the sale, the insider now owns 10,903,830 shares in the company, valued at approximately $131,500,189.80. This trade represents a 0.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 123,709 shares of company stock worth $1,419,966. 23.33% of the stock is owned by company insiders.

About Boston Omaha

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It is also involved in the surety insurance and related brokerage, broadband, and asset management businesses. The company was formerly known as REO Plus, Inc and changed its name to Boston Omaha Corporation in March 2015.